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Gov't to discuss Petrojam shares at emergency press conference

Tuesday, February 12, 2019

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KINGSTON, Jamaica — The Ministry of Foreign Affairs and Foreign Trade has called an emergency press conference regarding Petrojam shares.

Portfolio Minister Kamina Johnson Smith is scheduled to address the media at Jamaica House at 11:00 am today.

Johnson Smith recently announced the Government's intention to use legislative means to retake ownership of the 49 per cent shares in Petrojam, which is held by Venezuelan state-owned oil and natural gas company, Petróleos de Venezuela (PDV) Caribe.

It was soon after disclosed that a Jamaican company had offered to buy the Petrojam, which has been embroiled in controversy since last year.

More information later.


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